Common use of Payment of Allowance Clause in Contracts

Payment of Allowance. Payment shall be made in a lump sum at the time of termination. Acceptance of severance allowance shall terminate employment and continuous service for all purposes under this Agreement.

Appears in 11 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Payment of Allowance. Payment shall be made in a lump lump-sum at the time of termination. Acceptance of severance allowance shall terminate employment and continuous service for all purposes under of this Agreement.

Appears in 2 contracts

Samples: Collective Bargaining Agreement (Synalloy Corp), Collective Bargaining Agreement (Synalloy Corp)

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